Mar 08, 2017
1:15
For every 15 shares held, investors received 1.
The split itself did not change the total investment value.
Automotive Finco Corp (NEO:AFCC.H) operates in the Finance/Rental/Leasing industry.
Automotive Finco Corp company overviewAutomotive Finco Corp's most recent stock split was on March 8, 2017. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Automotive Finco Corp has split its stock once. This history records one reverse split, on March 8, 2017.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Automotive Finco Corp's 1-for-15 reverse split on March 8, 2017, every 15 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Automotive Finco Corp has not announced a new split in our records. Its most recent split was on March 8, 2017, 9 years ago. Companies announce splits in advance, and any new NEO:AFCC.H split will appear on this page.
Already premium?